This article is sponsored by the inscriptions insc community with 5x100insc. 100insc is currently worth 2 portions of luxurious pig's trotter rice, and may be worth a 15-day luxury trip to Sanya for 2 people in the future! (Fish) This article mainly introduces the BRC-20 inscription track and shares how to tap the potential of inscriptions. (fishing) What are inscriptions? At the end of December 2022, Casey Rodarmor appeared in the public eye with the concepts of Bitcoin Ordinals and Inscriptions, introducing NFT to the Bitcoin network. Bitcoin Inscription is a piece of metadata inscribed on Satoshis using Ordinals (ordinal numbers), and can also be called "Bitcoin NFT". The smallest unit of Bitcoin is Satoshi (sats), 1 BTC = 100 million Satoshi. Each Satoshi is sorted through ordinal theory, has different characteristics, and has a unique number. These coins containing different rare characteristics are called inscriptions. Friends who are interested in more knowledge about the inscriptions can do their own research. Of course, it doesn’t matter if you don’t want to study it or don’t understand it. It won’t affect our enthusiasm for Inscription Track or make money. As long as you remember that there are three important words in Inscription Track, they are ordinarys (ordinal) and satoshi. (Satoshi) and inscriptions (inscriptions), their BRC-20 inscriptions are ordi, sats and insc respectively. But there are some characteristics of inscriptions that you should remember (affect making money): 1. First come, first served: the higher the GAS fee given, the higher the priority. Processing, the same gas fee is first come first served; (PS: Mint inscription progress is over 90%, please remember to pull gas. If you want to complete the inscription early and sell it, please pull gas. This is the experience of exchanging money) 2. Unique: as long as you first Once inscribed (inscribe), latecomers cannot inscribe (inscribe) again, and inscriptions with the same characters cannot be deployed repeatedly, so they are unique; 3. Cannot be tampered with: the inscription is engraved on the coin and cannot be tampered with, and there is no unlocking/increasing issuance. possible. 4. Fairer: everyone can mint, everyone can mint, the costs of large investors or project parties are the same as ours, and there is no rat warehouse; 5. Safer: there is no contract, no contract loopholes, no risk, no RUG; these Features are one of the important reasons for the popularity of the BRC-20 inscription track. It gives the vast majority of people a fairer and safer opportunity to participate in the primary market.After introducing inscriptions, let’s talk more specifically about why the inscription track is so popular🔥 and how to find potential inscriptions! Why is it so popular🔥🔥🔥🔥🔥? 1. The time has come! There is a saying in philosophy: "Where you come from, you go back to." The Bitcoin ecosystem has been trying since 2014. It can be said that there has been no improvement after so many years. On the contrary, the ETH ecosystem started to flourish after 16-17 years. This is due to various reasons such as technology, talent and knowledge, as well as the performance of Bitcoin itself. . Over the years, the ETH ecosystem has tried many technical paths. Some have succeeded and some have failed, but they have all accumulated technology, knowledge and experience. By 2023, perhaps enough has been accumulated to move things done on ETH to BTC, and the time has come. BRC-20 inscriptions are the vanguard of the Bitcoin ecosystem, and the BTC ecosystem has gradually begun. 2. The revolt began. Retail investors, who account for the vast majority of people in the currency circle, are fed up with the rat warehouses, Pixiu, additional issuance/unlocking, contract backdoors/loopholes, extremely unequal primary market chips and other behaviors of various projects in the ETH ecosystem! The BRC-20 inscriptions give us retail investors a fairer, safer, and cheaper opportunity to participate in the project. In BRC-20, there is no Pixiu, no contract, no RUG, everyone has to mint the chips, and other benefits. . It's like I'm used to being a slave of the ETH ecosystem, and suddenly I find that I'm a people in the BTC ecosystem, which is okay, so the resistance begins, and the BRC Inscription Track comes alive! 3. Someone got rich suddenly. If there is money to be made, some people will fight for it! On March 10th, ordi was the first inscription to be deployed on the BRC-20 inscription track. The initial cost was 0.8U/1 piece, with 1,000 ordi pieces per piece. On May 8th, it reached 37U/1ordi, an increase of 46,000 times. I participated in the mint from May 1st to 9th this year. Many inscriptions rose 10 times in one day after the mint. After buying it, the price increased 10 times or 20 times the next day. Many people made money, and they made huge profits. Mint completed insc on May 6th (the sponsorship of this article was also provided by insc), and the cost was less than 0.01U/1 unit. The next day, on May 7th, insc increased to 0.6/1 unit, which was 60 times + in one day. I bought SHIB for 1,500 knives before the meal, and it turned into 4,500 knives after the meal. May was the first wave of sudden wealth, and the wave of inscription track craze that started in late October and early November has allowed more people to make money. Whether it is the new sats or the old inscription ordi, there has been a 10-fold increase. Many people made money.Of course, there are also new generation inscriptions such as cats and rats, which are even more explosive! After talking about the reasons for the explosion: the time has come, the mechanism is fairer, and many people have made money. Next, let’s talk about how to find potential inscriptions. In fact, ordinals (ordinal)
$ORDI and Satoshi (Satoshi) $SATS, whose current market value has exceeded 400 million US dollars, have already told us what potential inscriptions are, so let’s just follow them. I have summarized a few: 1. The concept of having a strong IP: The advantage of having a strong IP is that anyone who enters the BRC track and understands the BTC ecology will learn about this IP, which makes it faster and simpler to spread, and it is easier to form a consensus. In fact, only ordi, sats and insc meet the requirements; 2. Have practical applications: The BRC-20 track is still in a very, very early stage. Most of them are MEME and do not generate actual benefits. The track wants to grow and prosper. , practical use cases are indispensable, and the gas used by sats for unisat-swap is a good use case; 3. Strong community consensus: the community has a pattern, is united, and has more opportunities if it works seriously. The skyrocketing price of ordi sats rats is a good example. 4. It has scarcity: only four characters can be engraved on the inscription track, which results in very few scarcity inscriptions. The scarier it is, the more likely it is to be successful in the bull market, because it is easier for funds and emotions to come in this direction. 5. The chips are dispersed, the exchange of hands is sufficient, and there are more addresses: The advantage of this is that the chips are all in the hands of those with high consensus, and they are relatively dispersed. They will not face selling pressure just because they rise a little, and it is easier to pull up higher. 6. Even if the deployment time is early, it can barely count as one. If you think there are other features, please tell me in the comment section. Of course, there are many projects in the Inscription Track, and Master Zhong from the community has sorted them out, as shown below↓↓↓At present, many investment institutions, big players (such as Binance), and large investors/whales have not entered the market yet. The more these conditions are met, the more likely they are to enter the market. They are attracted by them, but they have no chips and need to buy them in the market. Then the inscriptions that are attracted by them will naturally skyrocket. Of course, the first two are ordi and sats, but they will definitely not be the only two. Ambush By the way, make a lot of money directly. The BRC-20 track is really very early. It is less than 3 billion U.S. dollars now. Compared with Bitcoin’s 710 billion U.S. dollars and the ETH ecosystem’s 270 billion U.S. dollars, it is too small. The future space is very huge. If you can, start early. Get involved.By the way, the Binance Web3 wallet has been fully updated, and unisat has also opened its source code. At the same time, Binance and unisat are partners, so it is almost certain that Binance will launch the inscription market in a short period of time, you say Is the Binance Inscription Market called the ordinals market like other platforms, or the inscriptions market? I guess it will most likely be called the inscriptions market. After all, Binance has previously issued an article to popularize the inscription track using inscriptions instead of ordinals. Binance’s entry is very worthwhile. expect! In fact, when you understand it, you will feel that insc is really high-quality. Because insc represents the concept of inscriptions (inscriptions), it has a strong IP concept scarcity attribute. As long as you play the inscription track, whether it is BRC20 inscription, ARC20 inscription, SRC20 inscription, ERC20 inscription, PRC20 inscription, it is all inscription, no matter you are in unisat or OKweb3 wallet Transactions, what you trade are inscriptions; whether you check the browser or your own wallet, inscriptions will appear in front of you; whether you want to buy inscriptions or inscriptions, they will appear in front of you, but maybe still Just didn't realize it. The BRC-20 inscription insc, which represents inscriptions and inscribe, currently has a market value of only 01.6 million US dollars. Compared with the US$400 million market value of ordi and sats, which also have strong IP concepts, there is huge room for growth! This article only represents my personal opinion and does not constitute any investment advice. Please do thorough research before investing! DYOR
#BTC #ordi #sats #insc #Meme